As the housing market changes, so does lending fraud

Housing market conditions are changing in ways that may increase fraud risk and fraud schemes are becoming increasingly sophisticated, with fraudsters falsifying employment, income, property occupancy and identities.

In addition to confronting fraud schemes of growing complexity, lenders face the difficult challenge of balancing effective risk management with operational efficiency. This balance becomes increasingly challenging to maintain for large volume lenders. 

This white paper covers new fraud schemes in mortgage lending as well as solutions for fraud detection.

Publisher: First American Data & Analytics
Date: August 2021

Most Popular Articles

Regulators slap mortgage LOs with fines for skipping class

More than 400 mortgage LOs will pay penalties after a multi-state investigation alleged they falsely claimed they completed an annual continuing education requirement.

Jan 18, 2022 By

Latest Articles

Feds seek to enlist real estate agents in anti-corruption push

FinCEN is floating a proposed anti-money laundering rule that could impose reporting mandates on real estate agents, brokers, attorneys, title insurance companies and settlement agents.

Jan 19, 2022 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please